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Generation Mining Ltd T.GENM

Alternate Symbol(s):  GENMF

Generation Mining Limited is a Canada-based exploration and development company. The Company's focus is on the development of the Marathon Project, a large undeveloped palladium-copper deposit in Northwestern Ontario. The Marathon Project is 100% owned by Generation PGM Inc. (Generation PGM), a wholly owned subsidiary of the Company. The Marathon Project is located along the Trans-Canada Highway in Northwestern Ontario and covers a land package of approximately 22,000 hectares. The Marathon Project is estimated to produce about 2,122,000 ounces of palladium, 517 million pounds (lbs) of copper, 485,000 ounces of platinum, 158,000 ounces of gold, and 3,156,000 ounces of silver.


TSX:GENM - Post by User

Post by Sacks48on Dec 15, 2022 9:25am
245 Views
Post# 35172844

This company

This company Management is amazing and are doing a heck of a job . For the share price to go unfortunately this company needs to be bought out. It boggles my mind how a company with an AAA management team, a permit,  1.03 billion npv, 240 million deal and q1 23 construction can be trading at these levels. Either all is long term share holders are dumb or the story isn't being told. But both those are nor true I think most of the comments here indicate that we have smart people here and the company has traveled all over north America telling the story. So what is it. The only thing is unfavorable market conditions, uncertainty on the Capex with inflation and the remainder of financing. All but one being out of management's control. Maybe management's precise execution has convinced Sibayne that thus is worth it and they will either take it out or buy back in with different clause than the original deal. I think that's the most likley scenario but who knows?
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